4823 40th Ave SW Unit B&C Seattle, WA 98116
Fairmount Park NeighborhoodEstimated payment $2,881/month
Highlights
- Territorial View
- No HOA
- Level Lot
- Fairmount Park Elementary Rated A-
About This Lot
Attention Builders, Developers, and Investors! Alaska Junction site with plans and permits at closing for TWO 4 bed / 3.5 bath townhomes (1784 SF each) + TWO lower level 1 bed/1 bath ADUs (519 SF each) along with 3 off street parking spaces per plan. Highly efficient floor plans designed by award winning CB Anderson Architects. Buyer to pay for MHA contribution ($68,109) and final permit fees. Seller is finalizing unit lot subdivision with surveyor and closing shall take place after. Existing home on property not included in sale. Enjoy stunning views from finished homes.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2401533
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,064
Lot Details
- 2,883 Sq Ft Lot
- Level Lot
Additional Features
- Territorial Views
- Sewer in Street
Community Details
- No Home Owners Association
- Alaska Junction Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 7579200715
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,976 | $891,000 | $555,000 | $336,000 |
| 2023 | $8,064 | $810,000 | $489,000 | $321,000 |
| 2022 | $6,663 | $772,000 | $342,000 | $430,000 |
| 2021 | $6,595 | $681,000 | $317,000 | $364,000 |
| 2020 | $6,445 | $642,000 | $296,000 | $346,000 |
| 2018 | $5,686 | $640,000 | $297,000 | $343,000 |
| 2017 | $5,152 | $543,000 | $261,000 | $282,000 |
| 2016 | $4,804 | $509,000 | $253,000 | $256,000 |
| 2015 | $3,795 | $464,000 | $229,000 | $235,000 |
| 2014 | -- | $370,000 | $207,000 | $163,000 |
| 2013 | -- | $337,000 | $207,000 | $130,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $400,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $313 | None Listed On Document | |
| Quit Claim Deed | $313 | Rainier Title Company | |
| Quit Claim Deed | $313 | Rainier Title Company | |
| Interfamily Deed Transfer | -- | Cw Title Co | |
| Interfamily Deed Transfer | -- | Cw Title Co | |
| Interfamily Deed Transfer | -- | Cw Title Co | |
| Interfamily Deed Transfer | -- | Cw Title Co | |
| Warranty Deed | $701,000 | Cw Title Co | |
| Warranty Deed | $400,000 | First American | |
| Trustee Deed | $331,500 | 1St Am | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Lawyers Title | |
| Warranty Deed | $345,000 | Lawyers Title | |
| Warranty Deed | $187,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $522,260 | New Conventional | |
| Previous Owner | $560,800 | New Conventional | |
| Previous Owner | $254,871 | Seller Take Back | |
| Previous Owner | $119,000 | Credit Line Revolving | |
| Previous Owner | $69,000 | Stand Alone Second | |
| Previous Owner | $241,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $185,967 | FHA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2401533
APN: 757920-0715
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